Wirecard AG posts further all-time highs

Fiscal 2006

•  Significant increase in sales revenues and EBIT
•  Strong growth in core business segment of electronic payment processing
•  Positive outlook

Berlin, Munich/Grasbrunn; March 29, 2007 - Wirecard AG remained on a growth track in fiscal 2006, boosting both sales and earnings in each quarter. The extraordinarily positive results of the previous year, with an increase in earnings before interest and taxes (EBIT) by 62 per cent, was exceeded once again in the year under review by 90 per cent. Several factors were responsible for this increase: favorable economic conditions and dynamic growth of the Internet, an expanded product portfolio, new customer acquisitions and the sustained scaleability of Wirecard’s business model.

In the Group, Wirecard AG generated EUR 18.6 million in earnings before interest and taxes (EBIT) and improved its EBIT margin to 23 per cent (previous year: 19 per cent). Consolidated sales revenues rose from EUR 48.9 million to EUR 81.9 million. Based on our pro-forma result of EUR 54.3 million for fiscal 2005, this is equivalent to an increase of 51 per cent. This highly positive trend was accounted for particularly by the core segment of electronic payment processing as well as the successfully launched products of Wirecard Bank AG.

After the integration of the Wirecard Bank into the Group, concluded in 2006, and the successful market roll-out of our consumer products, Wirecard AG is consistently continuing its strategy of ongoing investments in extending the range of products and services, the technical infrastructure as well as in marketing and sales activities.

Following the issue of 95,702 no-par-value shares under the staff participation program, the number of shares outstanding in the fourth quarter of the last fiscal year rose to 79,290,882 units. Basic and undiluted earnings per share amount to EUR 0.20 (previous year: EUR 0.13). With its listing in the TecDAX in the last fiscal year, Wirecard AG now belongs to the 30 biggest technology companies below the DAX. The attractiveness of the company’s stock has increased particularly for institutional investors and affirmed our status as an independent solution partner for potential large-scale customers.

Dr. Markus Braun, CEO of Wirecard AG: “In recent years, we have succeeded in asserting ourselves in a dynamic competitive environment and in securing a leading position on the European market. Thanks to our high earning capacity, our cutting-edge technology and the latest opportunities available within the scope of the Wirecard Bank’s activities, Wirecard AG is in a unique position in global competition and has secured a significant and sustained competitive lead. The positive feedback from our customers and partners on our new products and services, including the new «Wirecard» Internet payment service, has given us a confident outlook for the years ahead.”

For fiscal 2007, Wirecard AG expects its earnings before interest and taxes (EBIT) to rise by more than 50 per cent.

The Consolidated Financial Statements 2006 (pdf-german version) are available for download on our website today 12.00 CET in the section “Annual Reports”.

Wirecard-Media contact:

Wirecard PR&IR Office
Iris Stöckl
Bretonischer Ring 4
85630 Grasbrunn, Germany
Ph. : +49 (0) 89 4424 0424
Fax: +49 (0) 89 4424 0524
E-Mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.com

About Wirecard

Wirecard AG is one of the leading international providers of electronic payment systems and risk management services. The Company supplies customers with a wide range of national and global payment options as well as industry and country-specific risk management services to minimize the occurrence of defaults on receivables. Wirecard Bank AG is a Principal Member of VISA, MasterCard Europe, JCB International and complements the portfolio of services. The Wirecard software platform is used by more than 6,000 enterprises across the globe, including dba, Gulf Air, HSE24 and QVC. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).

www.wirecard.com www.wirecardbank.com